In this case, you can usually get a senior loan to 65% and mezzanine to 85% or more.There are also structured options available, which gives you single high leverage loan, and the pieces are broken up (syndicated) on the lender side.

So $20k in reserves for 3 single family units, correct? 

Currently the property ( old barbershop that must be converted into a single family dwelling ) is in a high valued market.

I just bought my first single family house that I intend to fix up and make into a rental property.

I own 3 Multi Families and some single Families in the 744 and 745 and find they do very well.

Please keep me posted on anything in downtown Montclair (or single units on Bloomfield Ave). 

Most cities zone the same way, think of this as a circle moving inward starting at the outside: industrial, commercial, retail, commercial multifamily (huge complexes), residential multifamily (4,3,2 units), single family residential neighborhoods.

Not a single person has written an accurate how to on wholesaling.Anyone ever read a wholesaling how to that said "Tell the seller you are wholesaling the property"?

@Matt ShieldsI think essentially you are going to have to start doing bigger deals which novice don’t have the capital for In order to maintain your margIn Here in Canada I am working on turning triplex back into single family house.

Also another owner in the area recently had one single family house on the market with the option to buy her neighboring single family home for a slight discount if you buy both.